“Reconsider recent increase in petrol prices“

1 month ago 18

The National Christian Elders Forum (NCEF) has issued a stern warning to President Bola Tinubu’s administration, urging the Federal Government to reconsider the recent hike in petrol prices.

The group expressed deep concern over the devastating impact the fuel price increase is having on millions of Nigerians, cautioning that if not reversed, it could lead to severe economic and social consequences.

In a communiqué signed by Dr Samuel Gani, the Chairman of the NCEF, the Christian elders attributed the worsening poverty and hardship across the country to the sharp rise in fuel costs, which has sparked inflation in essential goods, including food and transportation.

“We urge President Tinubu to reconsider the recent increase in petrol prices, which has led to a significant rise in the cost of food and other essential commodities.

“The government must act quickly to alleviate the suffering of Nigerians, especially the poorest and most vulnerable among us,” the communiqué stated.

The NCEF noted that Nigeria’s poverty rate has surged to 38.9% in 2023, partly due to the petrol price hike, which has further squeezed household incomes.

The forum pointed out that the recent protests seen across the country are a direct result of the frustration felt by Nigerians over the rising cost of living.
“The protests we are witnessing are driven by the severe hardship caused by the increase in fuel prices. Many Nigerians can no longer afford basic necessities, and the government must recognize this urgency,” Dr. Gani warned.

The NCEF also raised the alarm over the worsening insecurity in rural areas, particularly for farmers who are essential to Nigeria’s food security.

According to the elders, the government’s efforts to address insecurity have been inadequate, and more decisive action is required.

“Farmers in rural areas, who are vital to the nation’s food supply, are facing significant security threats. We call for improved protection of these farmers to ensure Nigeria’s food security is not further jeopardized,” the forum added.